Questions: In a certain state, the sales tax on an item is given by the function t(p)=0.0635 p, where p is the price of the item. What does the value 0.0635 represent? Function Sales tax rate Sales tax amount Price of the item

In a certain state, the sales tax on an item is given by the function t(p)=0.0635 p, where p is the price of the item.

What does the value 0.0635 represent?
Function
Sales tax rate
Sales tax amount
Price of the item

Transcript text: In a certain state, the sales tax on an item is given by the function $t(p)=0.0635 p$, where $p$ is the price of the item. What does the value 0.0635 represent? Function Sales tax rate Sales tax amount Price of the item

Solution

Solution Steps

Step 1: Understand the Function

The function given is $ t(p) = 0.0635 p $. This function represents the sales tax on an item, where $ p $ is the price of the item.

Step 2: Identify the Role of 0.0635

In the function $ t(p) = 0.0635 p $, the value 0.0635 is a constant multiplier applied to the price $ p $. This constant represents the rate at which the sales tax is calculated.

Step 3: Determine the Meaning of 0.0635

The value 0.0635 is the sales tax rate. It indicates that for every dollar of the item's price, 6.35% is added as sales tax.